Description
đ° Profitable Dessert Cafe & Wine Bar Takeover @ Maxwell đˇ
đ 1 min from Maxwell MRT
⨠Fully fitted and turnkey, ready to operate from day one
Business Highlights:
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Annual Revenue of up to SGD 450,000.
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Instagram Handle with over 11,000 followers.
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2 Fulltime Trained Staff, solid supplier relationships.
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Google Maps Listing with over 200 reviews and above 4.8 rating.
đ° Rental: $6,000/month.
đ Lease: 2 years + 1 year.
About the facility:
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Open-concept kitchen.
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43.9 sqm, indoor + outdoor seating.
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Fully equipped, move-in ready.
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Includes 2 chillers, 1 fridge, 1 ice maker, 1 washer, 1 combi oven, coffee maker, furniture, renovation + intangible business asset.
Tangible Business Asset (Asset Value SGD 110,000):
* (Furniture, Combi Oven, Coffee Maker, Ice Maker, Dishwasher, 2 Chillers, 1 Fridge, Furniture, POS systems 2 ipads, Renovation, Trained staff)
Intangible Business Asset:
* (Signature Recipe since 2021, 11K IG followers, 200+ 4.8 Google Map Reviews, In-house ordering platform)
Business Facts:
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There is only 1 owner. Debt-free business.
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The business has no outstanding debts, no loans. All invoices are paid.
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The business was self-funded. Reason for selling is due to relocation.
Business Deal:
đ¤ All Inclusive Takeover fee: $150,000 (Negotiable but no low balling)
đď¸ Takeover start date: October (Benefit from upcoming holidays)
Reason for selling: Owner relocation overseas